Deposits at six leading online banks topped 11.4 trillion yen at the end of March 2016 -- a substantial figure, but a mere 1.42% of the total for all Japanese banks. The industry has reached a turning point: The Bank of Japan's negative-interest-rate ... ( read original story ...)
Japanese companies plan lower pay hike this year: Reuters poll
As Japan's annual "shunto" wage hikes kicked in this month, the Reuters Corporate Survey found that only 19 percent of businesses said they would raise monthly wages by 2 percent or more, versus the 2.14 percent average hike at big firms seen last year. ( read original story ...)
Bank of Japan March meeting summary: Easy policy to stay for a while
TOKYO Bank of Japan board members said easy monetary policy will be in place for some time because consumer prices are still distant from the central bank's 2 percent inflation target, a summary of opinions from their March 15-16 meeting showed on Monday. ( read original story ...)
Authority announces Sapporo Asian Winter Games to be doping-free
KUWAIT, March 26 (Xinhua) -- The Olympic Council of Asia has announced Sunday that the 8th Asian Winter Games in Sapporo, Japan last month were doping-free. The Games were held from February 19-26 and involved 1,152 athletes from 32 National Olympic ... ( read original story ...)
Toshiba's Westinghouse may file bankruptcy Tuesday, seeks Kepco aid: Nikkei
A Chapter 11 filing could help Toshiba limit damage from losses at Westinghouse, the report by the Japanese business daily said, without citing sources for its information. Sources told Reuters on Friday that Toshiba had told its main banks it planned to ... ( read original story ...)
Japanese firms still slow in reducing overtime: survey
although 31 said the government’s labor reform could negatively affect their business. Companies in Japan are under pressure to improve working conditions for their employees also out of need to attract talent amid the shrinking population. A government ... ( read original story ...)
Japan open to more Filipino workers
Japanese Ambassador to the Philippines Kazuhide Ishikawa made the pledge in a speech before the business community during the Makati Business Club’s General Membership Meeting last Friday. Signed on September 9, 2006, the Pjepa is considered a milestone ... ( read original story ...)
EU, Japan to improve data flow collaboration
At an event, hosted by the Japan Business Council in Europe (JBCE) and the EU-Japan Centre for Industrial Cooperation at CeBIT in the German city of Hannover, keynote speakers Kiyoshi Mori of Japan’s ministry for economy, trade and industry (METI), and ... ( read original story ...)
Overtime deal marks total capitulation by labor
Was he really going to switch from deregulation to regulation? What was he up to? Abe maintains close ties with Sadayuki Sakakibara, the head of the Japan Business Federation (Keidanren) and Japan’s top business leader. Our prime minister boasts of being ... ( read original story ...)
Muslim tourism set to boost growth of halal market in Japan
Many Japanese do not speak a second language, and even those who do are often uncomfortable with having to conduct business in another language. There must also be an understanding of the business culture in Japan. Unlike in the West there are established ... ( read original story ...)
Innovative fabrics bark up Tokyo fashion tree
Wood fashioned into lace and sculpted into evening dresses: the Hanae Mori Manuscrit label led the way this Tokyo Fashion Week in showing the world the original craftmanship that helps set Japan apart from the crowd. Dresses of persimmon wood lace paired ... ( read original story ...)
Sapporo 2017 hailed as “Clean Games” by OCA
The Sapporo 2017 Asian Winter Games held last month were "doping ... writing for the official website of his beloved Manchester United, the Manchester Evening News and BBC Sport. ( read original story ...)
Japan moves gingerly toward accepting immigrants
The tensions in Europe have made many Japanese leery of large-scale immigration. "If we were to choose to address Japan's labor shortage by allowing more immigrants in without carefully thinking about it, we would face a situation similar to Europe," said ... ( read original story ...)
Japan vice minister officially visits Taiwan
TAIPEI -- A Japanese vice minister's visit to Taiwan may test Beijing's patience. Jiro Akama, parliamentary vice-minister of internal affairs and communications, said on Saturday that Taiwan is a wonderful partner for Japan. He was speaking at the opening ... ( read original story ...)
Timing, like finances, everything for Osaka’s new rail links
how much of the financial burden should fall to city taxpayers, and how much to JR and other railways that will benefit from the line is expected to be the subject of contentious debate. “The number of visitors to Osaka is increasing and businesses are ... ( read original story ...)
India replaces Japan for 3rd spot in domestic air travel
The world's fastest growing air travel market for several months in a row has added another feather on its cap by being the third-largest domestic aviation market globally with more people flying within the country last year than Japan, which has been ... ( read original story ...)